Uber Proposes Flexible Benefit Model in Canada

Share post:

Uber has announced it will introduce a flexible benefits fund in Canada to help workers in the gig economy.

The company has stated that all stakeholders in the gig economy will exchange data on working hours and income and will pay proportionately into the fund. Thereafter, employees will be entitled to benefits as soon as they reach a defined threshold.

In a blog post shared by Uber, the Benefit Fund will operate with the help of Canada’s provincial governments and provide gig workers with cash benefits to cover pensions, life insurance, education or dental benefits, and health services not covered by Canada’s universal health care system.

In recent years, gig companies have been criticized for the lack of benefits and protections for their independent contract workers. Uber, however, says it supports benefits across all its platforms, explaining that different labor laws, social safety nets, and cultures lead to different strategies for solving problems in different countries.

For more information, read the original story in Reuters.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Spotify CEO confesses to “rough times after layoffs” – stock price rises

In December, Spotify CEO Daniel Ek announced the largest round of layoffs in the company's history, cutting 1,500...

Zuckerberg shares his vision with investors and Meta stock tanks

In an era where instant gratification is often the norm, Meta CEO Mark Zuckerberg’s strategic pivot towards long-term,...

Apple reduces forecasts for Vision Pro as demand cools in key US market

In an unexpected shift, Apple has drastically reduced its shipment forecasts for the upcoming Vision Pro, indicating a...

FTC says Microsoft’s layoffs at Activision Blizzard may threaten merger approval

The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal....

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways